A'- 4'
EVENING PUBLIC LEDGER PHILADELPHIA, SATURDAY, MARCH 1, 1919
id
Local Industrials
Only
Our policy is to offer for sale
the stock of nearby manufactur
ing corporations whose earning
capacity and executive manage
ment, after investigation, have
proved to be beyond criticism.
A dividend producer of unusual
merit presents itself at this timo
and wo will bo glad to furnish
details.
Benner & Company, Inc.
Wldcner Building
Philadelphia
Branches in Pennsylvania
HEADING. YORK, LANCASTER
High Yield Bond
Value Tables
SHOWING RETURNS 6 TO IS
Covering the rata 4, A, 5, Bli. 6.
6'i, 7. 7', and, 8.
Maturities, (1 month" to 80 years,
semi-annual periods. TRICK 18.
OTHER BOOKS
Xj MONTGOMERY ROLLINS
Onrrrtlhlft securities 5.00
Moner and Investment 2,80
Ilnnd. Htack nnd Intereat Tables, 1,00
Municipal and Corporation llonds. t.00
Ptoeka nnd their Market I'laces, 1.00
investors' Rerord llook 1.00
Double Method Interest Tahlea,, 73c
At Bookstores or Postpaid by
C&t financial fu6HUhiflej
Controlling- the publications of
Montsamery Rollins. Headquar
ters In America for all books
upon finance.
17 JOY STREET BOSTON, MASS.
FINANCIAL NEWS CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS
MARINE STOCKS ARE IN DEMAND
ON NEW YORK EXCHANGE AND GAIN
American International Corporation Leads U. S. Steel
Under Pressure, but Baldwin and Others' of Group
Score Advances Reading Company Strong
FINANCIAI.
Annual Meetings
KBff THK ANNUAL MEET1NO OF TIIE
'J3 Board of Manager of the Home for
Aged Couples, 1723 Vrancls si., will be held
Tuesday. March 4rh, at 12 o'clock, at
the Home.
STKAMSllir NOTICES
New York & Philadelphia
SemirWeekly Freight
Service
SAILINGS
From, Pier 44, North River, New
York, and from Pier 2, North
Delaware Ave., Phila., every
Tuesday and Friday at 6:00 P. M.
For rotes and other
, information, apply to
CLYDE LINE
W. H. VIVIAN
Oen-rsl Agent
Pier 2. N.Dal.Ave.
Philadelphia, Pa.
W. P. LEVIS
Frt. Trafno Mar.
Pier 30. N. River
.New York City
High Points in Today's Financial News
Marine issues led in trading on New York Stock Exchange; being
in good demand and advancing. United States Steel was off, but other
steel Industrials moved upward. Reading Company was strong. Curb
trading was active, but price changes were narrow. Corn was inclined
downward. Cotton business was small. French exchange reacted.
Bank clearings throughout the country were much above last week.
The New York weekly bank statement showed a small decrease in
average loans and an increase in the actual,
in both cases.
Reserves were higher
A'ctu York Slocks
nith
24
62
78 '
11
Ad Ilurnelv .
do pret
-Jax Jlubber
Alaska Juneau
AIHs-Chalm Co 344
, do pret ..... sri.
Am Iteet Sugar. 73
Am rati 4B;
Am C A Fily Co 93,
vm i;oi U1I, . 48 T,
Am Orua-elatN
Ah II & l, ..
1 do nret
Am Tnt Corp
Am Ice See
do pref
Am Linseed
d6 pref . .
Am Joco .
Am Malt pf.
Am Smell . .
Am Kmelt pf.
ArssLium rob.
tjyritl ray. .
UK
20 li
44
62 ,
45'..
66 4
SO
67 U
104U
U:
Atjyfitl Fd.v. . . S3 M
sm i ei c j.ei.mtsft
Am Tobacco . IDS-!
do pf new .101
Am AVr Pap pf 38 'J
nua.uiiMH . . o(
S3
Low
S3
59 ',
77i
1T
34 U
SS
72 i
45
91 4
43i
I3',i
194
96 i
60S
41
62 ;
44,
So
66
49!,
67 67
104 'j 104'i
1114 111,
loc me
196', 1964
101 101
3H'i 3S'i
59, B0l,
$24
1"4
14
- - li
Net t
("loss cnge
23',,
62
78 1;
t'
34i
S8'j
72 i
45i
9l4
4.1.
m.
19,
96'
1 '
44
62;
44 ,
85',
66
60
FEW PRICE CHANGES
OCCUR ON THE CURB
'Supply of Slocks Is Moderate,
hut Offerings Arc Knsily
1 , Placed
) i New rnrk, March 1. The trading on
- H 'the Broad Street Curb wan fairly active
l,'Sln the half-day, but without Important
li change In prices In any of the lending
. 1 Issue. There was n moderate aupply
, 14 In some of the stocks that had been
t- 'i strong since the beginning- of the week.
but -offerings were easily played at
j ,a1ieht concessions.
r "s
Philadelphia stocks , LOCAL STOCK TKADING IS QUIET
LiJL i
Central Asphalt was under preasute
urine the first few minutes, declining
from 67'i to 66,, hut rallied later to
Itlth Iw Close
lOAIHa ln. 19's 19', 19"! -
If.Am das.. 64 63 64
tram Stl 110 11D 110 .
10 Cuba fj H 21' 21'i 21 'i -
525 Klec Stor 69', 59'. R9'n
50 Erie, .... ITU ITU 17'.i .
225 den Asph 67 67 67
40 do pref.102 102 102
MBInsCNA 2S' 28'i 28';
IIS IJc Hup C 20 194 1!
32Leh Val.. 66I4 56 56';
4Mlnehlll.. r,2ia R2'j 52'-
326Pennan 44a 44's 444
20 Pa Rait. M 841; 8U4 RtU
4SPIilIa Elo 26; 25U '-S;
22 P II T t c 25 25 25
65 Reading.. S3; S.Vi 83;
S75Ton Bel , 3 '4 3 f , 3 ,
105 Ton Mln. 3 3 3
5 1'nlon Tr 38 3Ri 38's
20 IT r. .. 71 71 71
60 ITS Sleel 92 92. 92 i
60 War I & b' Ri 8!a S'a
Net 1
rne
' aboe 67.
Total sites. 2740 shares, (his wk.
410 shares, last eek. 44.V23 shares.
AND MOST CHANGES ARE SMALIf
1
Electric Storage Battery and Tonopali-Belmo.it !Ar
Active Leaders Latter Ls Higher Asphalt i
Common Lower and Preferred Advances r
I.OOfll Stnfl IfSlnH nnn,lH.,.J -...1 J I .-J ., . , ....
i. I " ""e, wimiiuvu Kiiinii uurniK tooay s nnorc session, ana inf
' I ".'Jorit' ot bU!'l"'''"' wn's In JClectricj Steras- Ttattery nnd Tonopah-Belmonti A
I ho former yielded a trifle nnd the latter declined to .13.16, but recovered) j?l
wiu ..loeti up n rractlon nt 3. On a trifllnp sale Tonopah Mining advanced - ''
little. -i
Other buxineofl wai neatly all In odd lots, American Gas, which wa
strong in the. prevlotn session, lost 1 ioliit, but closed unchanged; General
Ashhnlt rntnmn,! .I..1.1 , t. t ,,-- .. . . . .. .. .
- .............. ,,t-iiiri - hi m inn nrrierrpn trainer! 1 Tinmr. en oMAnn a
f.ieciflc, Lnlted Uas Improvement. Warwick Iron. Canihrta tne1 nnd T-iWi I .
I- '
s
1
29-.
New YorK, March 1, Although the Street generally was disposed
today to fight against the market and to cause declines In stocks which
had been established at higher levels, there Mrs no Indication of weakness
In any group except the local traction Issued.
Marine stocks were again In good demand, with American Interna
tional Corporation advancing to 63 and' Marine preferred was firm, al
though It failed to Indicate further absorption by the banking Interests,
due perhaps to a halt being necessary In the accumulation In order to
finance nnd transfer the large nmount of stock already bought.
I'nlted States Steel common was under pressure for a time, declining
'i to 91i, but there was a steady demand for the slock nnd It more than
recovered this slight loss In the later trading. Other steel industrials,
especially Baldwin Locomotive, Crucible and American Steel Foundries,
were in brisk demand, with the last-named stock moving up about 3 points
to 83.
United Cigar Stores, which Is controlled by the Whalen Interests to
a greater extent than ever before, moved up 2',i points, lifting the high
record to 131H.
The railroad stocks were more prominent in the training, with Read
ing advancing more than 2 points to above 84, and gains ot more than
1 point were made In Union Pacific, Southern Pacific and a number of
other Issues In the railroad list.
The general belief that, u'lless advanced fares are granted by the
State Legislature, recelvershliTJ must be ordered for the Interhorough
system, made the Issues of t?it company weak all through the early
trading.
Government bonds were heavily traded In, with, a firmer tone shown
In the Liberty fourth 4i,is.
91
87
9V3
101
'is;
118
92 i
87-
7'i
96
101 V
788
48',
118
1
Atchison
do pref . 87
Atlantic BAA 7',
lAtl Coast Line 96
Atl Gulf & TV I 103
'Bald Loco Co 78';
1 Balti & Ohio . 48T,
I Barrett Co . 118
do pref 1121, lll'i Ill's 4 lf
oatopllas Mlu l, H 1 "a
lietlilehem Sleel 64
Beth Sleel B. . 64',
do 8 pc ptef . 105
Bkl.in It T 23 '4
pun, oc riup . . -"4 .- ,4
ai reirnieum- 2fi. z
107
32 1.
58',-,
264
36J,
69 4
26
66 K
The war-order stocks were Bleadv. '
1 Submarine Boat selling at 15 to 14. J
" land Aetna Kxploshes was traded in at 12000 Leh Val
IIOND
High Ixiw
(Tlo.e
6
63 ,
105
23;
2 a;
Central Lthr
no pref
RALLY IN CORN PIT
WHEN SHORTS COVER
Business on Small Scale, With
Market Steady to Shade
Easier Oats Steady
COTTON IRREGULAR;
CLOSE IS STEADY
63
107
Cen-o d Pasco 32 'i
Ches & Ohio. . . 69',a
Chi Ot TV pf . 26
Chi M St P. 36 f,
do pref ... 694
n II I P to, 26i4
do 6 po pf. 66
Chi Jt I Pao
7 pc pf . . . . 77 ti
Chile Copper. . 19U
Col Oas & Klec 44.
Col k South. . . 26
Conl Can ... 71 '4
Corn Products 4 8
Crucible steel.. 60 '
Cuba Cane Sug 21;
1 do pref . ... 72 'j
I Dome Mines . . 12'?
Distill Seen 59 ;
i Lh-le 17 N
1 do 1st pref. . 30
lOaaton Wlllams 33
Gen Cigar Co. 53 'i
'Oen Motors . . .1511. 148
Goodrich. B K. 69'; 68 'j
do pref 944
;Grt X O subs 39
I Inspliatlon Cop 45
: Inter-Cons Cor 54
do prof .... 19 '4
In 11 C (new). 117
Int M M pref.102
Inter Paper. . 46
do Dref sta . . 71 'a
Int Xlckel ... 2S'
64
634
105
63'j
107
32'.
581!:
:e
36
69 ;
25,
6C
9; to 9,. American Marconi
steady, selllfig from 4 to 4 H
1; 1 American Writing Paper was In fair
! demand, with Rales at 4'i. Keystone
i Tire declined from 64 (a to 63 t and ral
lied to 64.
Oil stocks were generally lower, but
a few of these Issues made moderate
gains. Cosden Oil was naaln In good
demand, sel'ing at 7 to s'. Royal '" eek. Ii2.i,snp
Dutch sold at 84 to 80';. Midwest Re
lining sold down from 156 to 154. Allen
Oil was steady, selling at 2. to 2',;.
Merrltt sold nt 24;.
Brltlah-Amerlcnn Tobacco was firm,
with sales at 254 to 26.
Mining stocks were quiet and slightly
lower, with much Interest attached to
Golden Gate, which sold at .IKffS'a.
IMIVSTBIAI.H
Nt
rhae.
f-
Coal Ks. 99 U 99 V MU
6000 do 6s... 1014 1014 1014
duuu 1, in Hondo
4th4'4s94.10 94.06 91 10 .21
1000 Phila Klec
1st 5s.. 94 94 94
000 Reading
gen 4s. 86 85 85
Total al- 117(100; this week. 1227. 150.
'.
77 'i
19
44'i
26 '
74
48
60';
21
69'i
12'-,
674
17'.
29 "
32
63 li
944
38
45
19
116
3;
i9;
41 34
26
74
48
604
2i ', ,;
71.
12'i
59
17,
304
32.
534
150-
9U
914
39 I,
45
S'j
19
116',
t
- -
- as
1'
Aetna Kxploslves . . .
Am Brit Mfg
Am Marconi
Am Writ Paper
Air Leductlcri
Canadian far Co . . .
''on Cat & Kdy ffd.
Cimrcual iron
, Chevrolet Motors . . .
1 (Vamp
urtlss Aeroplane ...
i Cam en Tool
Carbon Steel
Bid
9'3
4
4'a
50
28
76
,.5
4
76
II
"' a Kmerson Phoncigrnph
?" ifenden Mfg 1
90
'.
., i i - . T -as- i Jewel lea.. . nu'
uonsiueranie oain is made in i Kan c soun. o',
101 1014
4K Ih
71 '-i 71 '
26V, 25;
35 35'
20 20';
li- i.aK0 lorn itiiai . , . ,
V (Lehigh Coal Sales . ,
a Lima Loco
,, Maxim Munitions . . ,
" , X Y Shipbuilding . . .
' , Xor Amer Pap Pulp,
I ' Otis Elevator
Peerless Motor
Poole Ens
Scrlpps-Booth
Standard Motors . . .
Steel Alloys
Submarlnu
St Joseph Lead
80
311
Test. clOBe
Ask (sale)
9 "4 9 "4
4
4H 4',
44 ..
60
35
85
7'; ..
85 '.'.
13
5 ..
96
3'i 3U
26
2'i ..
34 ,7
I I'
62 5
19 .'0
20 0
16 iit
H 8'
5 8
II', 15
11 i2
PHILA. INACTIVE STOCKS
Following are quotation for inactive
stocks listed In the Philadelphia Stock
Exchange and In, which there were no
trans&etltons today. The price clen ls
the last previous tale:
Alliance Ins . 19; l.eri ValTran 20
Am Beet Sup 75 2 I,eh V T pf .
I Am Milling .. 10'j IM Bros . .. 244
Am Rwy pf. 64 Little Schuyl. 48
Amer Smelt . ttf Mlnehlll 52
Amer Stores . 28 Xorristown .. 17
, A f i war .... 7!4 iNorth Penti . 94
Baldwin Lnco 79 Penn Xat 13k
Buff & Sua pf 60 war -1
Cambria I.. 40'i Penn Traf .. 2'i
, lambria Stl 110 Phila Co . ." 36',
-atawisa 1st
, pfd 40
1 Cen Pas itys. iu'.i
'on Trac X .1 62
.Corn Ex X B.316
(Tuba C Sugar 23
E Penn n i. nn
Erie 17'
, Kire A.n . . .285
Frth St X B. .310
, Hunt ft B T. 10
1 HuiitfcR ! pf 19
Ins ( o of X A 28 it XV .ler & S . . 4 4 'A
Key Tel 11 Willys-Over . 27Ti
Key Tel pr . 50 Vork Rwy ... 7
Lee R & T. 27', York Ry pf. 31',4
Superior Corpoiallon all came out iitichanced.
ftalls showed a fltm tone. Heading Company advanced 2 points, a Bmani, q
nle of Mlnehlll carried that stock up I point, and Pennsylvania closed up S3
trifle. Krlo appeared at Its previous closing level on the bis board. 1
.-ifei common was slow but higher. I
Bond trading remained Mow anil unlntcicstlng.
Rending nnd i. and IF. Earnings in January
The Plillndelplila and Reading Railway reports gross earnings for Jan A
ary of ."..9;o.9Sl, an Incteace of $1,452,409 over January, 1918, and a net lii
clt of 3f.7,6H, a decrease of $199,090.
Norfolk and Western's gioss in January was $6,100,014, a gain of tl,3ia
110, and It had a net operating income of $639,837, an Increase of $194,963.
Buffalo nnd SiiMiuehanua gross for the first month ot 1919 was $192,814,
a decrease of $854, while there was a net operating deficit of $18,972, an ln
crease of $77,405, as compared xvlth the net Income in January, 1918.
PHILADELPHIA MARKETS
GRAIN AM) FLOUR
FRESH FRUITS
WIlhAI Receipts !'l Pt5 bushels. The rvmand was fr and xaluta aenarallr
mnrket una nulct but Arm with llaht offer were en au.talnert, Quotations: Apple,. V.5
Ini-s. . The follow-lrv were the nuotatlons Tork. rer bbl. KlnaC ITftin. b.TJT; 'Vaai
Phila Kl ww. 2 '4
Phila; West. 6
P P. T 25
Pitts & W pf K2
Press Stl Car 68';
P.wys Oen ... 2
Steu Trac & T 60;
l.'n Co of NM.I86
I'n Pass Itys. 150
1'nlon Trac. . 38 J
Warwk I & S 8'j
Welsbaeh ... 4 1 Vi
... ' m"" r r.mm hmriinutiii ii .urniTii tips, f io' o.tiut iiubbairdaton.
I','!" l?.rJ, 'n,l,',l',r' "'""'J"'1 rrlces-No I. 7i?P2r, (5reenl?i $7BT50: do, PenSJJl?!:
'ern3s,V2r3!.V.!Urr.V-sra'wte-r. FiS". I Jr np0e'r,Ie,lU,,.,on5C,' "' "",
ridsmum. $2 "slf-.Nof'A l',eh ,-lntVr. K: ! KnSi'?.i ".n',,, ?or'd', V.r cr,Vi
Vn n northern .nri- ... v !l l, r.1 H.0 I ,n. do l.allfomla.. per Dor. 14 9
144
Local Bid and Ashed
BUSINESS NOTES
Announcement lias been made that
the o!d insurance tlrms pf G, C. Gil
lespie & Co. nnd DelbertfB. dray, Jr.,
bae associated themselves in an In
corporated organization under the nafne
of Glllesple-Pye-Gray Company, Inc.,
and will conduct a general insurance
business at 316 Walnut place. The G.
C, Gillespie & Co. firm was established
In 1893 and the business of Delbert B.
Gray, Jr., In 1908. Officers of the new
company are George Cuthbert Gillespie,
president; William M. Pye, vice presi
dent, and Delbert B, Gray, Jr., secretary
and treasurer.
There is little rhange In the copper
situation. Business Is of small rjrooor.
tlons; so are inquiries. Small sellers
quote 15 cents per pound for future
metal. Large sellers ask 15',; to 15 4.
The .1. O, Brill Company plant Is
stated to be wprking about 90 per cent
capacity. Most of the direct govern
ment contracts for work outside of the
company's regular line have been com
pleted, but It Is still working on a good
many orders for cars for concerns, such
as the JCmergency Fleet Corporation
and others, indirectly connected with
government undertakings. There are
some Inquiries In the market which sng
gest Interest being taken by street rail
ways In the matter of new equipment,
but costs have so far covered much. The
$8,200,000 business on the books of the
Brill company ls sufficient to keep It
busy for the next six months,
lCiistlnr railroad rates on prlntlnr,
book and wrapping paper In eastern
terfltory were held to give undue ad
vantage to mills in New England eastern
trunk line points over mills located at
Kalamazoo and other Michigan points in
a tentative report made by an interstate
Commerce Commission examiner today.
The commission, It is suggested should
hold the record open for ninety days
to allow railroads and the Michigan
complainants to correct the prejudices.
The office of Samuel If. Troth, treas
urer of the Provident Life and Trust
Company, is today decorated with flow
ers, the occasion being the thirty-fifth
anniversary of his connection with the
company,
The railroad administration atatea
157,690 cars of coal were loaded during
the week ended February 15 against
iiv.iti me same ween, or jasc year and
for the week ended February 22, 165,715
cars were unloaded, compared with 230,
336 for the corresponding week of last
year.
LOCAL MINING STOCKS
TONOPAir STOCKS
Chicago. March 1. Business in corn
was on a small scale this morning. The
market opened steady to a shade easier,
with some selling by an Important com
mission house, but rallied on covering
by shorts. Offerings were fairly liberal
on the hard spots.
Traders appeared to believe that
everything depended upon the coming
action by the food adlnlnletratloni on
hog quotations, and there was a dis
position to go slow until this matter
had been settled. In the meantime the
movement continues light, with little
prospect for any accumulation for some
months.!
On the other hand, the demand for
the cash article waa slow, and bears
pointed to the large surplus in Argen
tina. The arrivals here today were
ninety-one cars,
March opened unchanged at $1.31',,
but later sold at $1.31;. May opened
at $1.2S8 to $1.25, against $1.26 at
the close yesterday and later sold at
$1.26',,. July was quoled at J1.21U to
$1.21, against $1.21'4, yesterday's last
nrlce and later sold at $1.21T4.
There was little feature to oats, which
was steady In the absence of selling
Dressure and on some scattered covering.
About 4 46,000 bushels were delivered on
contract. The arrivals here today were
59 cars.
March started Ma higher, at 58?,c,
and advanced to 68 "ic. Msy opened at
5974 to 60c, against 59 Tic, yesterday's
last price. July was quoted at 68T4 1o
59c at the start, against 6840 at the
end yesterday.
The receipts of wheat here, today
were 41 cars.
Treading futures ranged as followa:
Corn (new delivery) Test.
Open High Low Close close
May .... 1.25 1.2"i 1.2441 1.25U I,SJ
July .!, 1.21 1.22 1.2o5 1.S1S 1.211
Mas '77. 69'a SO'i 59'; 89. Mj;
juiy r8', su r,ss 6S( r.6S
l.ard
.A..0 .1.8. .0. IO .t.llft
24.50 24.30 24.511 24.30
22.S0 22.52 22.70 22.63
21.70 21.80 21,47 21.50
Jim Butler
MicNamars.
Midway
Mltnah Extension
Montana
North Star
neseue Eula
Wast End .'.
Bid
... .34
... .30
... ,31
... .05
... .IS
... .07
... .08
1
OOI.DFIEI.D STOCKS
Atlanta. ..... .4. .......... .04
Bliia Ball .............;. .01
Booth .......: .12
DlamondMsld B B 01
Dalay . ..., 01
Kawanaa 05
Oro ,,.;... ,01
Sliver Pick 05
MISCELLANEOUS
Arizona TJnitad 25
Nevada Wonder 70
Tecopa Mining 12
Ask
,3A .a.',
.31
.07
,18
.!
.10
lis
,05
,03
:o!i
,0'J
.07
.02
.07
.59
.73
11
Visibly Supply Spinners'
Takings Large
New York, March 1. Business in cot
ton was largely local today and the
market was Irregular. There were no
features and the operations were based
on the same factors that have prevailed
recently.
The weekly statistics showed another
considerable gain In the visible supply,
the figures were offset by larger takings
by spinners.
The. market closed steady at a net
adance of 6 points to a decline of 25
points.
1.
' ndi Shnh M np . '. i ,,k .. ..-
..UnIn.'.. l.r. 1,1T' II. - . . . -... " .. ....... ....!.-?. ...
nni)-orii ' ."-74 -.- . - Triangle rum t , . . uufr susq
' Kelsey Wheel 30 30 30 ', , ii,etI prD1, shar . 1 T 2 .. do preferred ...
' l-ack Steel . 67 664 6i f 1t il' Mteanwliln . .I. :n., 3: ! Baldwin
Lehigh Valley. 56 S54 66 14 Untf(, Mot0rs 41 ; 42'4 42 , fie ' ii Sk,"XZ' '
Ue Bub & Tire 26 ',4 2 26 '4 -t- s , World , Film '- '4 Id, preferred I
'LorlUard P ...163H 153 153', .4 1 Wrlght-Martin Air .. 4 '4 4 4 , Kejstone Telephone
.. T,.trt 172a. 179 172. 1 !4 I tin nr.r.rr.rl
Miami Con Con. 22
Mid vale Steel . 4 2 ",
Mln & StL new 12
Mo Kan & T . 62
do pret ... 12
Missouri Pac. 25;
do pref .... 544
Xat C & Cable 17
Xat En A Stpd 50 Vi
New O T & M 33 T4
X Y Cent 76
K- t- V- IF . U SOTi
X Y Ont & w! 20;
22';
42'4
11
s
12
25 '.4
53';
1S,
50
32'i
76
30
20'4
Xorf & West..l05' 105 MS't
22
4 2', ,
11
6i is
12 ..
26, - i
544 1'
16, '4
50',, 't '
32 4 S'.s
76 '-j i
30 1
2U4 -T- '4
STA MIA R II Ol
Illinois 162
Ohio 324
, Prairie Pipe 26S
SOCal 270
S O X J 687
IS O X Y 332
166
327
274
692
335
326
687
INDKI'ENDKXT OIL STOCKS
Yesterday's
rlosn Ooen llteh T.ow Last
Marrh 22.00 22, (M) 22.20 21.70 22.05
itav 21.10 21.20 21.32 20.8.1 21.15
July 20.R8 20,50 20.BO 20.28 20.51)
October .... 1X.S5 19.B2 10.57 10.25 10. 4S
December . . . 10.30 1B.80 10.32 10.13 10.23
January 10.75 lB.no in.lo 10.no in no
February 10.13 19.15 10.00 19 IB , pan Am Pet . .
P nn It n ...
Peo Gaa & C
Xor Pacific.
Oklahoma Pref
Ohio Gas
do rts
Ontario Slhtr.
Owens Bot . . .
Pacific Mall . .
Pac T & T.
93
s;
3714,
24
48
33
27 'j
78
44;
50
92 !
"s ,
36'i
:'
474
33
44s
60
14',;
38 1,
82
444
105
Barnett Oil & Gas . . -f,
Cosden & Co 8
Elk Basin 6
Federal Oil 24
Inter Pottol 22'i
, 1 Houston Oil 79
', Merrltt Oil 24
Midwest Kenning ...15
Met Petrol 3',
Ohio Fuel 16
47 t 1, i Sapulpa. lief 71,
33 1 .SeqUoyah '4
27', 7. Sinclair 28 -
Island s
Glmrock 34
93
84
36i
2'i ..
Mav 23.15
July 24,45
Ribs
May ....22.62
Julv ....21.65
Pork
May ....40.80
July
41.00 40.60 41.00 40.72
38.00 37.40
FEDERAL BANK REPORT
Changes in Local Government Institu
tion's 'Weekly Statement Are Smtll
An Interesting addition to the weekly
Federal Reserve Bank statement this
week Is a memorandum showing con.
tlngent liability as Indorsed on bills re
discounted with or acceptances sold to
other Federal Reserve Banks. On Feb
ruary 28 this Item was reported at
$19,700,000 and on February 20 It was
$14,600,000.
The statement showed little changes
during the week.
Bills discounted secured by govern
ment war obligations were $176,989,708,
as compared with $177,369,708 the week
before. There was a small contraction
in federal reserve notes, which totaled
$210,767,920 yesterday, against $213,257,
675 on February 20.
The ratio of total reserves against
net deposit and reserve note liabilities
waa 41.3 per cent on February 28,
against 41.2 per cent the week before.
Tonopah Mining Earnings Good
Earnings cf the Tonopah Mining
Company In 1918, as had been predicted,
were good and compared favorably with
the previous year. Net returns, as, re
ported In the annual report Issued to
day, were $782,061. against $825,259 In
1917, and the surplus at the end of last
year was $4,199,443, compared with $3,.
862,884 at the close of business on De
cember 31, a917
The Tonopah Placers Company re.,
ports net loss .for the year ended De
cember 31, 1918, or $139,741, and re
ports surplus of $79,794, Charges for
depletion were $99,818. For the year
ended December 31.M917. the company
reported net earnings of 3SS.464. but
charged against profit and loss account
for depletion of ore, 5 per cent on coat
of property at 10 per cent on plant and
equipment for year 1917, $101,218, mak
ing a. net loss for year 1917 'of $19,764.
Tre surplus on December 31, 1917, Was
$219,825.
1 1
Embargo on Grain to New York
New York, March L The railroad
.administration today placed an em.
hargo on shipments of bulk domestic
grain to New York harbor points. Ex
captions may be made by th freight
, rIC GMsuniiisu 1
MONEY-LENDING HATES
rniLADELPniA Call, 8 per cent J
time, 6',436 per cent. Commercial pa
per, three to six months, BliJJS.H per
cent; six months, 6 per cent.
NEW YORK COFFEE MARKET
v. York. March 1. The coffee mar
ket was easier this morning and first
prices were three to seven points lower
Under scauereu uiuiutiun, niuuijcnii.
ed to come from brokers with Wall
street connections. Trading, however,
was light and confined to tho May poal
tlon, which sold at 14.60.
Open Blah Low Close close
14.51) 14.(111 14,50 14.39 14,65
13.95 14.00 14.00 14. UO 14,03
13.4(1 18.43 1S!4H
15.30 ., 13.35 18,33
r.. r j o t.
v.u.1.,.. uuyers ana sellers J,r,T i,7,,,B 14'
, s'"?,.Y?rKi J!ar.ch i WW McFad-, Pitts & West . 39 '4
den, Weld, Bartlett and Rountree hid; do pref 82
Burnett, Young, Einstein, Schley andl Pi-rrt-Anow . 45'i
Walsh offered. nrM 105
JulV Bart ett. Van Vllet. Trearlwoll .1 ii.. nn 171: 17
Glover, Glfford, Cuppia, Wacheman and 'puts Coal . 464 46
Hyman bid; McEnany, Hopkins, Hicks j pun Alegre S 54 4 54 'i
and Rountree offered. Pullman P C.115',; 115
October Russell. Kieffer and Erwln'nv Steel 8 75 75',
bid; Wachsman and Treadwell offered.) (ay Con Cop! . 194 19.
Reading . .. . ', J;
N. Y. BANK STATEMENT j n0 llon1"! ?? 764
Royal Dutch.. 91 ' 89 U
Saxon Motors. 11 '4 11
St L S F.... 13 13
Sea Air Line.. 8. '
Sinclair Oil ... 35"; 35,
South Fac . ..iuzi ii
Southern It R-. 30
do pref 6814
Studebaker ... 59",
Stu'tz Motors. . 471,
Tenn C & C w I 13
Texas & Pacific 33'i
l2"oort Texas Co 181 ,
32,337,000 'fob Products. 85
MJT-82!!' do Pref 12?'
., :i'XXX! union Pac ...ma
-..ViU.VUV j n.,f
77,
44,
50 .
14',
8"
6;
24
22.
81
24',
136
3.
18
74
S
5?i
8'i
221,;
804
24 v;
31,
Lake Mun Corp
. i.r-nisn :av
' Lehigh Vallev . .
I L'hlgh Val Trac.
I do preferred.. ..
Pennsjltanla ... .
Phila Electric . .
I I'hlla Co
i do 5 p c pref.
' do B p c pref. . .
, Phila B T t c . .
Beading
Tonopah Helmont . .
Tonopah .Mining.. .
1'nlon Traction. . . .
Unl Oas Imp
r S Meet
Wm Cramp & Pons
York Hwy
do preferred. . . .
MINIMI hTOCKS
38',
H
li
Decrease in Average and Increase in
Actual Loans Reserves Higher
New York. March 1. The New York
bank statement this week shows a de
crease In average and Increase in actual
loans, and increase In reserves In both
esses. Deposits are higher.
Details follow:
AVERAGE
44.
105
i7i;
46
54'4
115';
754
19,
834
38
76.
90
m;
13
Si ..
35, -- i-i
102 1; i
29 ;
It
:
!!
Loans . ... (4,793. 421, 000
Net demand dep.t3, 837,118.000
Net time deposits. 141. 834, 000
circulation . . . .
Caah In vaAllta ..
Jleserve In mem
ber banKs
neserve In State
banks and trust
companies
Reserve In Stat
banks and trust
company deposi
tories 10,074,000
Aggregate reiena. 552,0(11,000
Beserve required. . 80S.240.570
Surplus 48.814,430
IBpecio inciuaea, nianK.
3S.04.VOOO
95,95,000
529,688,000
$11, 399, 989
29
68 ; 68 4
68 ; 59 1;
46',; 47 4
13 13
32 ; 33
190 4 191
844 35
102 102
1304 131 Ti 14
do Dref 734 73i 73 ..
14.4S9.000 , United Al Steel 41 40. -41 ..
unitea uig oi.isi-4 i-o4 ivi T :s
Inrresse
l:
i
l'i
1
Atlanta
Big Ledge
Butte New York
Con Ariz
First Xational
Goldfleld Merger . . .
Goldfield Cons
Goldfleld Florence....
Goldfleld Kewanas...
Green Monster
Ilecla Mining
Howe Sound
Independence Lead..,
Jerome Verde
Jim muter
a" I Jumbo Extension ...
McKlnley-Danagh ...
Magma Copper
Mother Lode
Mines Co of America.
Nevada Hills
Nevada Wonder
Xlplsslng
Ohio Copper
Bay Hercules
San Toy
Tonopah Extension . . .
I'nlted Verde.. . .
West End Con
White Caps
Yerlnglon
1
Hi
4
17
12
4ll
3 4
1'J
19
14
3',
3
Today Yesterday
ni.l Ask Hid Ask
20 211 26 2!"
" 70
50 . . ,,n
77. 70 77
,Vi4 Ml', Ml mi
H7' 1174 7 7"i
101 1U2 1110 1112
'4 '
47 50 47 50
II) '4 2(1 1!'T 21)
7t'. 72 714 72
r:, sn .'.:,', r.:,T.
14 14
24 L'3'i 24 234
4V, 44', 414 44!
2.-. 234 23 2.-.'.4
34 .15 :tl 31
2H . . 2H
85 37 :l. 37
24', 25 24', 2.1
M't S4 Sl4 'J
Ojt 8' S'
7i 7m ;n 7i
02' gsii y Bil1
'J 7'i 7' '74
31 31 ai 31H
n r I ti tr
intr t-RLV N'o 3. red wlntr. c.irllrki
t'J.'M); No. ,!, red mut? t'2. '-'It. No. 1, rp1.
K Ht, No 4 garllckv. j.1 LH: Xo. -4. Pmuttv.
$2 27 No. 4, garlicky, smutty. ll'.Sfl. No.
.. rM, 12 2. No r., frarlleky. 12 20. No ..
jmuny, $2 25. N. .. garlkk. smuttN,
"rOFlN" !ler.iti. 1H.S4I .m-hf1 Tho
nidrKt ruled ntendy under llslit offer Inn.
but ther was llttl remand We quote
elIon In car lots for local trade, hp to
quality and tocatlon, at II 37tJl 45 per
bushel
OATS Receipts 14.r.7l Mislvls Demand
h llfrht lut prices were ateitdll held.
W quote car lots as to location No. 2
white. flHi, tiGOr. staudard white. xf3(jS'c,
No. 3 white. 074?OTic. No. 4 white. 5'a
riaorn nceipt. .i.'ib of.r. ib in sacks
rvmand was italn and prices were nominally
unchanced Quotation were: To arrUo per
Iftrt lb in J40-pound Jute sacks Winter,
Mralplit. western. SHI 23 ft' 10 Ml do. near
hv, (.rin910: Kansas strnUht. Iin.no
10 75, do. vhort patent, lU.7At11 20.
sprlnc short patent, J10 75$f11. do. patent.
SI" ftO 10 75- do. Hrst clear. $P 25(fi0 50
1 RYK KLOl'Fl fnld slow lv at former rais
1 Wo quote nt $7.25i?7.75 per barrel In sacks,
as to quauo.
PROVISIONS
Demand was tlcht. hut prices wer stead
ily held. W quote: Ief, In sets, smoked
and alr-drled, , beef, knuckles and ten
ders, smoked and alr-drled. 47c, pork, fam
ily. f..21f.V., ham. H J, cured, looe. 31 tf
32c, do. skinned looe. 33 t 3384 c: do do.
smoked, 3.V4 ft 35'4 c. hams, boiled, boneless,
5tc: picnic thoulders. S P. cured. loo.
I 24'o; do, smoked. 25'..., bellies. In pickle,
loose. 3K-: Preakrait bacon, 37c, lard. -k
1st
n,,i.i. tirappiruu, per dox, j.now.so f
Cranberries, Jersey, ppr bush, box, IS.SO?" VJ
" "w. t'rr 001,, i.iw.,, oirawDcrriCB
Florida, per qt . 35 O1 70c.
VEGETABLES vr -
Th market was cenerally ateadv but d m
iiiHini mud nin.v inuupraip, int q uota. lions " at
follou . Whit not A tons. .1pv nm aVL-tJ, M
bush, basket No J, 7i.09Oc; No. If. ftOCT1" ..
r.Oc; do. PennsyUanla. No, 1, per 100 lba.. ifll
- wii iv; uo, wFirrn, per iuii ids,, at.vn . 1
ST2 2A. do, -New yorK, per 10U lba., 92.1HV v fj
II -. Cu aat nnlaina. fa.raa waib Vaat,A4 "J
No I. II 732 No 2, 11.2301. 40: do,'tr.M
eastern Miore, per noi.. o, i, yavi.fio:
do. Delaware and Maryland, per bush. '
hsmper Xo I, 32.R3V2.7Bi Xo. 2, ILSse"
1.73. I'abbage, Danish seed, per ton, $2
iu i.. no. souinern. per namper. ,2cpz.2A.
'.BJW4.I
Onions, ellow per 1004b. bair, 12.6
I.M).
STABILIZING PRICES
I TALK IN STEEL TRADER
REFINED SUGARS
The market was nulet and unchanged on
a basis of lc for fine granulated.
DAIRY PRODUCTS
CUKKSK- The ms rKet ruled linn, with
"' ' '" ". ' I denuml readily ahsorblnij the limited orter-
lllah low floss ' l""s. We quote: New York and Wisconsin,
62000 Ann-French Es '17: I?-. '17'. whol inlil;. nirrent make, 3Sf3lc; do. do.
loSSAmTel&Tel (S li' ff 904 ItJ"- 3,:"J,; ""' d' A' '?ir ,0
"00OArmr68C-n-4'.i15R-S MSi'4 'Sa'4 Bl:TTBIl-rlunBIle. were .Ml cleaned up
2000 Beth Htl 5s '3R 814 S14 SI'- nils, hlsh-smrlna-. r.ift.'.te; the Mtter for
3000 Brookn Uap T 504 60 603 Ijobblne sales, extra tlrsts. M3.,. tlrsts
A'eic York Bonds
1000 Bordeaux 6h 101 01. 101. , 40W3c: seconds. 4iW4itc, rncy branrti or
;, ZOOOCan vt '21 i.8 4 984 984 '".? JobU'nE at -ilaic Ulr ' Eooa' 3
Is ffirtr.hi.tit.si" u" 'c J? rer case higher, with supplies .leaned up.
6 vU2!I r;t., nJL" ,si 3 9S ' 9S ' ?fi Tho nuntatlon ern na follows: Kree cases.
tuuu nue uon iS.-lllB 1HK JllK nenrltv nrsls Ii:i.) Dep crate, current re-
4ft
31 37
12 14
43 48
27 29
30
1-3
3
70
84
k
2's
B
2,'.
31
l'i
10
4
28
32
r,
80
9'.
33
t'i
II
lift
noxns
United Ry In pf 261, 26, 26H s Bethlehem 7s (notes). 101
98,000 u S Inrl Alco.lMW 118'4 114U 1H Coeden Oil 6 90
.USRutber. .. 81T it., 1 -h .4 i Cosden & Co 6s 90
U S Steel
304,oon do pref . .
14.2S3.ooo Utah Conner
10.068.930 . Wahash ST.
92i 91i 92?i H
114H 114 114 H
69 , 69 s t'.-i
deposits deducted, 1237,004,000.
ACTUAL
tUnlted States
"Decrease.
Loans
do nref A . .. 34 i
West Maryld . . 1 1 U
West Un Tel.. 89'.
14,837,304,000 371.029,000 Westhse MfK. . 45
SH. 047. OOO
Jill, 047. 000
63t, 027,000
311, 188, 000
Nat demand le-
txi.lt. tS.i7.VKKC.0nO
Net time deposits 143. 404. 000
Circulation . .
Cash In vaults
Hesere In mem
ber banxa
Iteserve In atatn
banks and trust
companies , . .
Rsasrve in state
banks and trust
company depositories
Aggregate reserve
Hts.rve requtreo.
ourpius
Kl'
S83.000.
Decreage.
OUTSIDE BANK STATEMENT
KIA1K. UATiHB
YV1.Ua fnlnru
"JXi'nnn Willys Overld,
" io'iino W8 Cent
8.60i!ooo Worth P & M
do pref A . .
29.330,000 do pref B..
534
2TU
32
60
90
71 'i
15Vi
Vi
34 U
UU
89 i
44'i
53
26 4
32
60
90
71
310 000 ' Total sales. 331.300 shares,
310,000 .45,0,000 shares, last week.
15V
8s as
34 4 1,
11 U -r- K
89H ',
45 -
5 3 Is
26', . .
32
60
90
TtU t- U
this neek,
10,801,100
cuuahr s
IlusElan Gov 6',s.
do 6 ,j s
Southern IXwy 5s. .
Sinclair Oil bh
.102
59
66
99
85
10l'
93
93
102',
CI
68
9 9 U
90
109
69
67
Todd Shlpbulldlne 6a. 104
LIVESTOCK QUOTATIONS
SOOOC & O cv 4'28 78,
2000 do 6s 85
1000 Chi fit West 4s 61
11000 Chi or Northnn
6a '87 99
26000 Chi B & Q 4. 93,
2000 Chi Mil & St P
rfd 4'Ss. ... 71T,
5000 do cv 5 .... 82
2000 do cp 6t .... 97
1000 do cv 4',h. . . 784
100O do ren 4'3s. "V
1000 ciu n r & r 4s 70
35000 Cy of Paris 6s.l0D
1000 Dla He Cor 5f. 90
7000 Erie cnMsScrA 47i
2000 do Ser B. ,. 4 7
6000 do Ser II. .. 49'
78'
S5s
61 '4
9,
!).1t
TIT.
82
97
7S,
SI',
70
100
90
47'i
47',
49'.
78"irelpts, J13.H3; western, extra firsts 113.20,
or.s- flrnts $l:tn.,. Infer or lots lower, southern.
Kia S'.t'.OW.OO. selected candled esss Jobblns
9,
95't
! at 31 4 Ti'Jc.
rOL'LTKV
l,l i; I'ouls were quiet
nrl urn hautid.
nfh.r ultiiU were scarce and firm Uunta-
tlons: Tiiwls, Ma eprss. 373."i- brolllnc
phUL-an. tatifv Inf ! -TTIM f ed. WClShlne 1 a
78n'.H..J;..ViSr.-. Sir"K; . hoWlnir their price,,
SI 'J ' inunir room'ers l!0l.'Uc. old roosters, 'JOtfJ
TO 27c: ducks. Pekln. 42ft 43e, do. Indian Jlun
100
90
17 4
17 'j
49'
ner.
pair
4111141c: geese, 30.-
JIS.no: do, soun
nlceons. cdd.
per pair. 4j
per
Kuo.
. ' '
..., r mi...... i... t . aV
uoiiiercncc 01 xnursaay imffr"?
portnnt Development in 4
Ttiflnslrv --'? l
j 0,-d
New York, March 1. By far the moit'-,ir.-r
Important development In the steel lnr'S'.;
duntry during: the last week was th&$f
conference on Thursday between GeortJi-
. i-epK, cnuirman oc ine commute. j
named uy secretary of Commerce Red
field, to stabilise prices and sixteen rep-'
resentatlve Iron and steel manufacturers
of the Vnlled States. Mr. Peek was ln-ift
vlted to discuss the various matters with,.. "
the steel men, and It is known that the -Ml
main topic was future price levels.
The views expressed by Judg? Gary
after the meeting were considered im
portant in financial circles, as well sis In
the steel trade. Despite the general dis
cussion of unemployment, Judge Gary
stated that there was less Idleness at
present throughout the country than
many believe, and added significantly :
"So far as I know prices are being try
well maintained."
In the face of the many reports about'TYS'1
I'liic?,, .14,3 a.oicnicii. Mivnn uiiujuaiy Vljr I
tnn. mc- leaum.? auinoriitcs in ine in-
al-aa.
throutth some of the smaller companies
are said lo hae made concessions which
could not be tenned directly price-cut- wl
iiuk. u--i.i iiir,-.-!- nunuinK or Diner
24000 Knch TSep 5's.lOo,', 105, 105,',
36
36 s,
99.50 99
93.12 93
.
'i, rhlraeo March 1 HOGS fieielpts. 6000
h-.S Active, f." o 10c. higher, consldtrlnK ,
'i ! nullliv and Weight, Hnlk. $17 4(iO 17.60; I
ileJiv butchers, ll7.03W17.73-. medium ami
?.'!:.!?.'. 'il-MBit.nr,! t ht aood to
i shares,
m
IHpecle Included, blank,
tunltea
11.305,000
333,K20,UOU
513.841,540
IU.1I9,II
54 000
2b82o:SSS GAIN IN BANK CLEARINGS
23',3J0!t!30 I
. m. I . l- .J. ..inir THAIf
tatea 'depoiiis deducted. 273,. I Business 13.8 l'er Cent l.rester liiiB'i"" ""
17. KS; heaw packing, fie.83
ti and mixed packing, 117.25
iut, JltlSlB.BSi Pigs. JHtfl
llrrr.. hlltch
choice ll6.50tT
It 17.23: medium
17.45: throwou
18-ATTI.E--necelpts 2000 head. Compared
with week ago, beef steers unevenly. 25
7!J, hi.ii.r. fat cows, heifers, bulls and
feede?.. S03W higher, canner. and cutters,
-.fMic lnwer csUts. too higher.
' mieph necelpt., 20u head. Cnsvenlv.
50oll higher than week rgo: yearllna-
and strong w.,,.. ..-.- ... --
This WeeV. Lait Year
Ittihitrgh. .March
1S00 head. Steady,
l.HOOrl Receipts.
rieavtss. Jisais.lii.
ers,
Investm'ts 1675.479,700
B.DSS.TtM)
Loans.
Gold
Cur'ncy bk. notes
D.ppsits Federsl
Reserve Dank of
New Tork
Deposits
Itssv. on deposit .
Percentage of re.
trie.
24,804,400
45,047,400
84S.70S.46o
06,274,000
Tntal bank clearings of all Hie clear- ih;:.v vorkers. U7.7snw.i)0 itgut joru
, , . ne th. rTnltnH Mtnteii fnr ..a.,,),: r.n. nlas. IJO.Tbtflo.
-!Si .igS4?seVk fD sr
7US.800 i a R7i TftK 52' thin wek last year. The 5;?V.i.'anieelnta. 40 head. Active. Tob
4 Ale W" ...---"- -- - -
$19.
gain as compared with the correupond-
4,278,100 lng week n 1918 is "?' "'" ,l'"1
t:577;700 clearings In Philadelphia were 1341,
5,6119.200' 988,152, an Increase over last year of
1 S I ' Vr wen..
fast nuffal". '. Y Mreh 1. CATTLE
Receipts. 500 hsd. Steadv. Cates, r
..1.7. Vm heart: BOo lower: S3820.
l,lf'. " n"..,- . 'Minn hn,l U,.a
liuua .r.wi-ci"-. -.": ...--- "--r-i1
81000 Inter Met 4'ks 39
6000 Imperial Japanese
Gov Bds 4s.. 77 U
335000 Lib Bond 3'2s 99.74
184000 do cv 4s.. 93.21
6000 do 1st 4s. . 93.62
S49000 do 4'4s.... 95.42
12000 do 1st 4 Us 95.12
487000 do 2d 4'k. 91.16
1942000 do 4th 4 Us 94.12
1000 Lyons 6 10li
1000 Marseilles Ss.l01,
lOOOMIdvale 5s.. . 864
6000 Mo Pao gen 4s 62
1000 N T 1' & H 6s. 99
3000 N V Vhy 4s'6S 9tU
1000 .N' Y City 4'fes
1967 101
11000 X Y Rwy 5s. . 14',
1000 North Pac 4s, 84U
3000 Pa gen 't 4 lis 87 'i
10000 do 6 '68.... 95U
5000 Pierce O 6s '20101
15000 do "24 .... 921i
1000 Pere Marquette 85
6000 Sea A L adj'6s 4S4
1000 South PC cv 4s 83 'i
37000 do 5s 103',
2000 do rfd 4s . . . 81t
3000 Thrd av alJ 5s 30',
1000 USS A- II 6s. . 99'i
11000 1 S Realty 6s. 68
iinnni- s Rubber 5s 86Ti
1000 do 7s 103'i 103'-
6000 I S Steel sf 51.100", 100'i
1000 Un Pac . . 85 tt
28000 VK of GB & I
r,',s 1919. .100', 100'.
10000 do 5'ss 1921. 984 98", .
6000 do R'i" 1937. 100' 100', 100',
15000 Va 6s Brown I
BroK "n 70 70
4000 Va Rwy 5s .. 91', 91'i 91',
........ .,. e.nr.i Trite f....1l ...... ...It
sold un and the market ml. d tlrm at lentlals and manipulations of the extras, t Si
former rates Uuntstions. lurkejs. near
t fancy 40frl',,. do, western fan(, 43f(r
tile; do. do fair to (rood 4nK!i. do do.
common 3H0 3.V: do. old torn" ''"'Vr''
do. bid hens. 4(l(f42c Kowls. fresh-klll'd
In boe. welghhlB I lbs and mcr apiece,
S7c. weluhlns 3', lbs. apl""e 3'lc. weleli
Inir 3 lbs apiece. .14 ft 3.V . amaller alios. .R
..o.ui, ,-d.iiv 1 ory-picuen, wcikiihiw . iu.- n.,. ..-, -...,.
95.34 95.34 37c: weighing; 3V, lbs nplece, S.ic. snisller
95 02 95 0" alzes. 2S. 32c ; old roosters dry-picked. Jie.
":?5 9t;?6 "wfp1j5ir-5vib.ern,Pite,l"37,c,i
101, 10li aoifc" sic. welshing 2' 3 Ihs. apiece. 33c
ii'i-a ioi-a siac-ffv. ,,ii,;. 'u-".:," :-" -,i ...",,
In bb s.. welgninK 11. ri"T, " . ","";
;.W Its apiece 34c. welching 24 113
bs. apl'ie, 32fl33c stage-. 2J 2l'e. capon.
1 l..i ....i.Mni. 7UI-. Ihs antl ner arlei-e.
St' 4445i: smaller sli.B. -il)3c eauabi, per
idoren. white elshtn llihl2 ll.. njr dos :.
Nb.2, white. weiBiiliiu '"' i"" vi
ito iiffT.M, 'I". '! elghla S lbs p-r
do ' 11 (III. .- do, do. 7 lbs per dni 14 50
BliK do. OilO'i lbs. rer doZ . $3 dark.
11 r.OW.'.W). "mail and No .. ll'3'..oO.
Bulneas. oung. per pair. HQl-io. old,
7BC1.
86 S4 86 4
62 f.2
99 99
9 Hi 91'. 4
101 101
14 It
S4'i Rl'i
87U 87U
95', 95 ,
101 101
92 'i 92H
85 83
4 8 i 4 8 ?4
83U 3'i
103 103T,
81 81i
30 30
99U 99',
08 68
86i 86',
103'- 103'2
100'i 10014
86 S6
After tho meeting of the steel men
no one was willing to discuss the future.
but It is known that there are manyJ
divergent opinions as to what will liap-r
pen in 1110 iicai bi-v or seven montns.
Some Interests firmly believe that prices
will come down, while others. Including; Jt
some of the best-posted authorities, ln-jj '
ol.t tlmt with tlresent hnnllnv. -... I-
comparatively good outlook, there.' la t?j
iiu 1 rami ,t- ,ui tiiy UTUBllC TJUUC- uSH
ti""?- Yt1
-l lie labor situation Is still being close-
ly watcneu oy tno nest obseners in ' i1
!, I,rl,,-,ct. Tli. r- 1.-... 1 -t, V.
... ,,.UU.,. ...v, n ueen no new -i .
developments during the last week with
tho exception of otes taken by two r ''J
smaller concerns among Its workers n, -i
to whether they prefer the eight-hour 'Si
day, or twetxe nours. Both ballots re
sulted in overwhelming majorities for
tho eight hours.
ANNOUNCEMENT
r. GILLLSIUE J. CO.
t,tabiisneu i""
DELBCIVr B. CRAY, JR.
Since I90S
100'i
THE FIRM Ol- U t:. uiLLLSr-lt. & uu. ANU DELBERT B.
1 GRAY. JR.. HAVE ASSOCIATED THEMSELVES UNDER
THE NAME OF
G1LLESPIE-PYE-GRAY CO., Inc.
GENERAL INSURANCE
vtyt
sf m
T
-j
'
lOo
May. ..
July ..
January
March
BAH SILVER
Commercial bar silver was quoted un
changed today In New York at 11,0114 !
In London at 47id, unchanged.
New Delaware Charters
Doier. Del.. March 1, Charters filed
here today follow: International Kx
port Terminal Corporation, authorised
capltsl'IS.BOO.OOO: O, IC. Giant Batting
Company, authorized capital (2,000.000;
Rankburnet Oil Cpmpany, authorized
capital 11,000,000,
Fanry Fed Sleeri Bring Record Price
Chleago, Jlarch t. Fancy, 1196-pouiid
Illinois fed steers sold for eastern ship,
ment st UO, 'being a. record for cattle
pt suce ngni wgigni,
H--
' -C...I ..I.. IT. O.',5.OO0: this week. S.,7
- - - . r. .,, ri iaq. . ,..-- a. a,-. aiur. . ,vaj ihii, ..... .-. - ...t.u,.,..
. ... . UC HID .vw". . .. I, -K-r lieaVV. ln.iailio..,lill,.u, ,c.u o. f..,,l. ,,t ,,(K. ,dB,OUB,mi"
TRUST COMPANIES ' 11)10 .."f.... V:.. ' U18 ill Vorkeis, 1W 18.10; light yorksrs, , "'"' -.--
Loan.. Inv'atm'ts $2,073,337,300 110,371. 800 ,, York .83 .J".'.'" 'JL'J'SnVn.iHt II-" il.M. ".,,'ft,,,sW,0'!!5i ,lironoul"' , ....... r, .n,-..
noid IMM-fS" Miioo fihj-ago . 517i.5S--a n4 Mt "ip'Ti I U2ii stags, now 13. . ..J UIMUENDS DECLARED
i:ur'ncy bk. notes 20,019,100 ssOO.300 Phllat. ?,H'5i.'?S ?ii'lln'nTi.X.4' ' SHEEP AM) lAJins Receipts, -600 wn , ,.-,.,
Deposits Federal Iloston. . 247.18J.7BS tIS'SsVixSXiI'ii h""' Steady and unchanged, , Th0 Ta, lor Wharton Iron and bteel Coin
Reserve Bank of ICan C Uy S5'3iJ'2U iSa'ffi'iiaJi'Jn pany. a dividend of 3 per tent on common.
New, Tork .. . 207,320 100 3.780,200 gt Louis. l&M&sAn aVsel 18oZ"0 7 Kansas PHr. Mo.. March 1 HOOct-Re- p.yible April 1 to holders of record .March
Deposit. ...... 2.038,289,400 10,407.500 Han Fran ."'"""J'" Jli'osVsOl JSo 7 relofs 400 head. H'gher. Heay. 117.504 51' llook. close March 2t and reopen
Kr'c'injr.J'r??: SV2-M-iW ..2O0 Pltlsbh IJJJiMJJ SS'.slS'.eMtT?: 17"' butcher." n."U 17.85: light.. 116.90 AVrI 1. . a ,. n ,, .
fm, 17 I l Simmer..' ?880 134 S 807 132 82,8 17.23t Pigs. I12W10. iu.- Internatnonal Salt Company . quartern of
" 17,8 -l ilnPi..n. 47 070 851 48.77B 591 1.7 CATTLE Recelnls. 240 head. Higher. ,,, ,r , payabl. April 1 to stock of
BTATE BANKS AND TIHIST COMPANIES N Orleans. '""" "' ""' Hi p,im. ...era. I1819t southern stars, nam- lJJTxill' mi.
KOT BBruilli TO UIBAJtANCB
'I March 1. I?l'
Loans, Investm'ta I789.80Q.6AO
Hold
Cur'ncy bk, notes
Deposit. Federal
Reserve Dank of
New York . ... .
Total deposits..
Net deposit. ....
Resv. on deposit ,
Percsntag. ot reserve
8:f?f:
15.205,
900
800
112,318.800
',UOO
,600
370,000
-at.,
63.543,400
803.175,400
29,170.800
12T.077.200
19.4
K.OlfS.lOO
4,0411,600
0,632,000
8,092,700
.1
BUTTER, EGGS AND CHEESE
Kw T.rk. Peb.'l. BUTTER Slightly
rlr.'i.H.':T;,"";,"i,.t- J'iSJ'Jt!) Hlghsr-scoring.
Kl4.V.cs tr.' nartJBHc: firsts. 40h
59',, c: second.. 469490: .tat. dairy. Bit)
u,i i imitation creamery, 4trt4:'o.
EOOS Firm. Receipt.. 17,349 casta, r.x.
v-l --..--. . ...ISV, S SIICI
tr... 45
flr.t.. 88B4c: sscond,. .p4!Hei dlrtle.
No..j1-4041e: No, 2. 7ijct check. No.
1. BR0 3IIC: HO. .-,. O0JT07C1 storaaa. nj
53c; stats and nearby hennery whites. .11)0
let saihered whites. 4B2c: Pu'let whites,
20(30,1 Paclfle coast whit... 47t5Ict west,
rn ana aouthern whites, gathered, 43ftairi
aiai. ana jisai wj, ,,r,,u.rir urowns, sonisc:
mixed color., 4SO460.
CHEEHE Firm. Kec.lpta. u boxes,
8tts. whaU milk, "lored. .pedal, 81H M
l4C flat tyiiu,.fs)U,C! n.t.'eolored,
avsrast.run, lltSlUc; twins, .psclals, li
rB,dl".Cl!lV.,293.71.59 I4.377.083,U 15.T
"s.""?.?.'"."' 395.497,984 825.426.8S1 8.8
"VSIt.1 l .i'e!'l'l.216.57S 5.402,509,SOO-rl4.
AlldCy "'. 1,285.941.268 1.10B,27B,8'.'2-t- 9.9
Tfor'"k! .V7!477.tBT.Stl ,571.75.322 18.$
FOREIGN EXCHANGE
v. Virk. March 1. The main feat
ura In foreign exchange this morning
was an apparent enure iick ot Bupport
In Frenen exenang.. oucn low quota-
Ilnna aa K.47U for cables SlIiiI K.4X1&
have not been recorded for' this class of
exchange in several montns past,
nnntaltnna were:
IB.
Demand sterling quoted at 4.75;,
cables 4.76 ft : sixty-day bills 4, Till,
ninety-dsy bill 4.71 1,.
Ure .cables 8.36. checks 8.36 'i,,
Swiss cable.s 4.42. checks 4.11.
nulMer cablta 41',i, checks 41
Steckholm cables, 21.20, checks 21.
Christlanls. csblts 17.20. checks 17.
Copenhagen cables 26.20, check. 2,
ubl curccncy ac-mUal H,3A1J40,
4'. a . i - . - . :..
. . ...... .
rrime vjifji. "ji Vaarro,v hiiv:.: m
many. Myi."r,7i' '
14.B0! tahfa. 17014.
8HEKP Recs pta, none. Nomlnallv
ateady, I-ambs. lm 00; yearlings. I14tf
16?B0: wether.. ttitTl.B0i ewe., $fiei2.
South Omaha. Marclv 1, HOOS Jlecelpts.
2800 head. Strong, nans;, IID.7BW17.5V
CATTLE lwceipis. iwi nau.
sniKBp Receipts, none.
RAILROAD EARNINGS
CHICAGO AjJr ALTON1
. 1019 lncrsass
January sros. . ... 2,oa2,5J' 1799.027
Balance after tml. 111,880 834,775
Net op.r. Income,. 113 291,983
NEW TORK, CHICAOO AND ST. LOUIS
January gross I2.0SM8A 11,081,588
Balance after tans, 850,003 354.418
Net opsr. Income.. 207,889 694,110
MAINE CENTRA?
North Amerlisn Company, quarterly of
14 per cant, payahla April 1 to Uock of
,.Min1 tarch 20,
Packard Motor Car Company, quarterly
of li Per cent on preferred, payable March
13 to .lock of record February 28.
GOVERNMENT BONDS
Panama, coupon 2a 133.. ,
vou.
l3t
t (lovt coupon 4a 1929...
January sross ... 1.41,I M64.3 'ni,, of Cofumbls 3-05, 1924
Pinima registered 2e 19
Panama coupon 2a 193B.
Panama, registered Sa
n.nnM.a cminan Sa 1961.
Panama registered 8s 1161 .
Philippine 4a 134
Philippine 4. J9JB
Philippine 4, 1986..,-... ...
IJ H Govt coupon 2. 1980...,
II H novt reglatsred 2a 1480, ,
U B Oovt coupon 8a 14... ,
11 H liovt reglatered 8s 1946,,
M1CHICAN CENTRAL
January gross .. . 3B.B00.B8T 82.893.123
Balance after taass. 1,148.90 1 887,808
Net epsr. incom,.. uvi.og.- ,is,ii
Bid
. 97
.. 97
. . 97
, . 97
. S7
. . ,7
, . n
. . 90
, . 90
,. 07'i
,. ?',,
,. 89
,. 89
,,1()4i
1044
17
Ask
J'S'i
S'
92
92
90
pa
96
98i
';
92
92
log'i
13',
100
Refined Sugars Are Quiet
New York, March l.r-IUIind sugars
PITTBnUROH, AND WEST VIROINIA Lr. eulet nnd unchanged nt so. Itsi 3 I
inuary gras. . 81S2.2B3 110,111 pr cent for cash. Raws are unchanged I
'Decrease. , - nt the Oxed price tf 7,:c, deUvwed;
203 WALNUT PLACE. PHILADELPHIA
(316 Walnut Street Within).
CEO. CUTHBERT GILLESPIE. Pre.leient
WILLIAM M. PYE. Vlce.Pr.ald.nH
DELBEKT B. GRAY, JR., S.cy. and TrM,TjAsj
rr vj
lS
BURGLARY AND HOLDUP
INSURANCE
Protection against loss of personal
property, payroll money, securities
or other valuables.
HUTCHINSON, MINUS & CO.
425 Walnut gtreet
iM.-y-a
3
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